Facts & Figures, Sep. 15, 1947

The Redcoats Are Coming. For the
third week in a row, stocks on the New York exchange drifted lower. The
day after Britain's Ernest Bevin suggested that the U.S. redistribute
its gold (see FOREIGN NEWS), a sudden flurry of selling brought forth
the waggish explanation: "The British are within 50 miles of Fort
Knox."

Requiem. U.S. exports, which started to drop in June, fell another 7% in
July, said the Department of Commerce, and are now down 19% from their
May peak. The Department of Commerce expected exports to drop further
as the world ran out of U.S. dollars. Latest...